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Mark England returns to Citi following five years at State Street
11 February 2021 Hong Kong
Reporter: Maddie Saghir

England returns to Citi from State Street where his most recent role was APAC head of client relationship management

ION Investment Group to acquire DASH Financial Technologies
10 February 2021 US
Reporter: Maddie Saghir

DASH co-founder Peter Marago says the acquisition is “a very exciting moment for our firm as we embark on the next chapter of growth”

Citi to service CSOP Asset Management’s first OFC ETF
08 February 2021 Hong Kong
Reporter: Maddie Saghir

Citi will provide custody, fund administration and trustee services for the launch of CSOP’s first exchange-traded funds in the form of an open-ended fund company

BNP Paribas securities services revenues increase on quarterly basis
05 February 2021 France
Reporter: Maddie Saghir

BNP Paribas reported its securities services revenues came in at €2.2 billion for Q4 2020, an increase of the €544 million total in the bank’s Q3 financial results

ESAs submit final report and draft RTS on disclosures under SFDR
05 February 2021 Brussels
Reporter: Becky Bellamy

Steven Maijoor, chair of the ESAs joint committee, says the significant set of rules issued provide a strong basis to improve ESG reporting and combat greenwashing

AcadiaSoft acquires Quaternion to bolster risk management capabilities
05 February 2021 UK
Reporter: Natalie Turner

The Quaternion division of AcadiaSoft will be led by its co-founders CEO Donal Gallagher, and chief technology officer Roland Lichters

Robert Stenmark departs Handelsbanken for new role at Northern Trust
04 February 2021 Norway
Reporter: Maddie Saghir

Based in Oslo, Stenmark is responsible for Northern Trust’s new Norway office and takes on the role as head of depositary for Norway

Sudrania Fund Services strengthens team with three senior hires
29 January 2021 US
Reporter: Maddie Saghir

The three alternative investment industry veterans will contribute their industry experience to help support Sudrania’s geographic expansion and new service offerings for fund managers

Citi initiates new fund order processing service
26 January 2021 UK
Reporter: Maddie Saghir

Clients will be able to stipulate a cash allocation model, and Citi will generate and route orders to the funds specified

Northern Trust reveals YoY increase for AUC/A
21 January 2021 US
Reporter: Maddie Saghir

Northern Trust’s total assets under custody/administration totalled $14.5 trillion for Q4 2020 marking a 21 per cent year-on-year increase from its Q4 2019 results

1741 Fund Management extends contract for NeoXam’s fund accounting software
20 January 2021 US
Reporter: Maddie Saghir

The new generation of NeoXam GP4 provides additional features to even better support private equity as well as real estate investments

Citi sees drop in Q4 markets and securities services revenue on quarterly basis
20 January 2021 US
Reporter: Maddie Saghir

Although Citi reported year-on-year growth, markets and securities services revenues drop from $5.2 billion from Q3 2020